Updated May 2026 · Redfin · 3-month window
32401 Real Estate Market Update: Panama City, FL, May 2026
The latest housing-market numbers for ZIP code 32401 in Panama City, Florida, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $249K | ▼ -2.2% | ▼ -0.2% |
| Days on market | 58 | ▼ -36.3% | ▼ -24.7% |
| Homes for sale | 156 | ▼ -7.1% | ▲ +1.3% |
| Sale-to-list | 95.3% | ▼ -0.3% | ▼ -1.1% |
| Homes sold | 98 | ▲ +30.7% | ▲ +3.2% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 32401 numbers say
The 32401 ZIP in Panama City is leveling off. The median sale price is $249,495, roughly flat year over year. The market has loosened: a typical listing now takes around 58 days to go under contract, with sellers getting 95.3% of list price.
Based on 98 recent sales, 32401 is currently an active market.
What this means if you sell in 32401
Use these figures to set expectations early. Lead a listing appointment with the median price and the 58-day pace, show the year-over-year direction, and frame 32401 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Panama City post →Frequently asked: the 32401 housing market
- What is the median home price in ZIP 32401 (Panama City, FL)?
- As of May 2026, the median sale price in ZIP 32401 is $249,495 (-0.2% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 32401 a buyer's or seller's market right now?
- ZIP 32401 is currently an active market, based on a 95.3% sale-to-list ratio, about 58 days on market for May 2026.
- How long do homes take to sell in ZIP 32401?
- A typical listing in 32401 goes under contract in about 58 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 32401 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.